March 15, 2024
mayank
DSP Focus Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 47.8140
NAV IDCW: Rs 36.4540
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme portfolio will largely consist of companies, which are amongst the top 200 companies by market capitalisation. The portfolio will limit exposure to companies beyond the top 200 companies by market capitalization upto 20% of the net asset value. The scheme will also have at least 95% of the invested amount across the top 25 holdings in the portfolio which excludes debt & money market securities.
Fund Manager:
1) Bhavin Gandhi
Education: Mr. Gandhi has done CFA and CA
Experience: Prior to joining DSP Mutual Fund, he has worked with CRISIL and Batlivala and Karani Securities.
2) Vinit Sambre
Education: Mr. Sambre is a B.Com and FCA.
Experience: Prior to joining DSP he was associated with DSP Merrill Lynch Ltd.(Nov 2005 to Jun 2007), IL & FS Investsmart Ltd. (Dec 2002 to Oct 2005), Unit Trust of India Investment Advisory Services Ltd.(Jun 2000 to Dec 2002), Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. (March 1999 to May 2000) and Credit Rating Information Service of India Ltd.(Apr 1998 to Feb 1999).
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 364 days |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 13.67% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,220 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.02% |
| (As on 29-Feb-2024) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | 42.00% |
Trailing Returns (%) of DSP Focus Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Focus Dir | -1.33 | 1.30 | -1.86 | -0.37 | 10.55 | 40.13 | 14.67 | 15.09 | 13.03 | 15.68 |
| S&P BSE 500 TRI | 2.74 | 1.40 | 0.11 | 5.22 | 13.39 | 39.73 | 17.72 | 17.51 | 15.72 | 16.22 |
| Equity: Flexi Cap | 2.45 | 1.20 | 0.03 | 4.46 | 12.77 | 39.13 | 17.36 | 17.11 | 15.32 | 16.90 |
| Rank within category | 72 | 30 | 76 | 75 | 52 | 30 | 45 | 34 | 30 | 20 |
| Number of funds in category | 79 | 80 | 80 | 79 | 77 | 72 | 56 | 44 | 35 | 29 |
Peer Comparison of DSP Focus Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| DSP Focus Dir | 2 star | 40.13 | 14.67 | 15.09 | 1.02 | 2,220 | 13.67 | 1.00 (364) | 11Y 2M | 42.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 42.60 | 22.79 | 23.61 | 0.56 | 58,901 | 20.37 | 2.00 (365) | 10Y 9M | 4.16 |
| HDFC Flexi Cap Dir | 4 star | 44.44 | 24.79 | 20.09 | 0.83 | 49,659 | 16.98 | 1.00 (365) | 11Y 2M | 33.23 |
| Franklin India Flexi Cap Dir | 4 star | 45.27 | 21.06 | 19.35 | 1.03 | 14,471 | 17.3 | 1.00 (365) | 11Y 2M | 21.03 |
| Franklin India Focused Equity Dir | 4 star | 38.21 | 19.98 | 18.89 | 1.01 | 10,946 | 18.94 | 1.00 (365) | 11Y 2M | 27.02 |
Portfolio Analysis of DSP Focus Fund
| No. of Stocks | 29 |
| Top 10 Stocks | 44.21% |
| Top 5 Stocks | 23.95% |
| Top 3 Sectors | 49.50% |
| Portfolio P/B Ratio | 3.99 |
| Portfolio P/E Ratio | 22.13 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,02,152 | 1,62,248 |
| Giant (%) | 35.16 | 50.76 |
| Large (%) | 28.93 | 19.70 |
| Mid (%) | 33.59 | 23.07 |
| Small (%) | 2.31 | 7.36 |
| Tiny (%) | — | 0.10 |
How to Invest in DSP Focus Fund?
Chanakya’s Mutual Fund Guidance For DSP Focus Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-focused-fund/